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Dec 27, 2012
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i think he can do right now? it in terms of the revenue even if he got his way it is five cents on the dollar. david: we'll talk about that in a second. i want to squeeze you on this there are a lot of economists who say yes, if all taxes go up no doubt we'll go into recession. >> right. david: there will be less spending. producers have less money to hire people. everybody will keep all their money in their pockets. >> short term you overlook the damage done to the military about the so-called sequestration, that reduction in overall spending will have a little bit of good impact. but there is no question, we're following the path europe followed, japan followed, raising taxes in the face of wobbly economy. we haven't done anything like this on scale since early 1930's. david: even the president admitted not too long ago anything you want to do in slow economy or certainly in recession is raise tax rates. >> this is ideology. about income equality punishing those who are successful and small businesses that empl
i think he can do right now? it in terms of the revenue even if he got his way it is five cents on the dollar. david: we'll talk about that in a second. i want to squeeze you on this there are a lot of economists who say yes, if all taxes go up no doubt we'll go into recession. >> right. david: there will be less spending. producers have less money to hire people. everybody will keep all their money in their pockets. >> short term you overlook the damage done to the military about...
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Dec 27, 2012
12/12
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you are looking at a live picture on your screen right now. air force one just landing in washington, d.c. as president obama returns to the nation's capital. he cut short his hawaiian vacation. oil prices jumping nearly 3% since christmas time as fiscal cliff worries shake the commodities market. joining us now president of lipow associates. >> i think it is waiting on congress to do something. in the meantime, we have seen the dollar weakened against the euro. liz: we have gas around $3.25. what if we go over the fiscal cliff? >> if that is the case, i see us going down to about $2.10. liz: if we go to $82 a barrel, what will the forecast before june and july? in the past, the nation has gone through some kind of panic attack expecting five dollars for a gallon of gas. >> i do not see five dollars at all next year. i do not even see four dollars. i expect $3.75 to be the height of the peak. what i expect is nothing will happen until the new year when both congress and the president come back. they enact new tax cuts. neither side is interest
you are looking at a live picture on your screen right now. air force one just landing in washington, d.c. as president obama returns to the nation's capital. he cut short his hawaiian vacation. oil prices jumping nearly 3% since christmas time as fiscal cliff worries shake the commodities market. joining us now president of lipow associates. >> i think it is waiting on congress to do something. in the meantime, we have seen the dollar weakened against the euro. liz: we have gas around...
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Dec 28, 2012
12/12
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WUSA
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thank you very much, everybody. >> all right, president obama making a statement there, live from the white house. he said the hour for immediate action is here. he also said that he had a productive meeting earlier today with the senate leadership, harry reid and the republican leader mitch mcconnell. he said he's hopeful that the two of them can work out some kind of plan that can pass the house and senate in a bipartisan way. he didn't give any details on what sort of plan but if they can't work out a deal he's got a doomsday scenario. >> he said if they couldn't reach a deal he is going to urge senator reid to bring a basic bill to the senate for a basics up and down vote of senators. that package, mr. obama said, would prevent taxes from going up for middle-class americans and would preserve unemployment insurance for those americans who need it. >> he also urged the lawmakers to let that package come to a vote, which has been an issue many times. we are going to take a break and be back in just a minute.
thank you very much, everybody. >> all right, president obama making a statement there, live from the white house. he said the hour for immediate action is here. he also said that he had a productive meeting earlier today with the senate leadership, harry reid and the republican leader mitch mcconnell. he said he's hopeful that the two of them can work out some kind of plan that can pass the house and senate in a bipartisan way. he didn't give any details on what sort of plan but if they...
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Dec 27, 2012
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. >>> president obama is arriving right now in washington, d.c., coming back from hawaii, trading his tropical vacation for the hard reality of the fiscal cliff negotiations. the president called all four congressional leaders last night in an effort to reach a deal, but did that call fall on deaf ears? jared bernstein, former chief economist to vip biden, as well as a contributor. i want to start with the new statement from senator mitch mcconnell's office coming out says last night he called other lead serious. the leader is happy to review what the president has in mind, but to day date the majority has not put forward a plan. jared, is that good they're actually speaking, however far apart as it may sound, at least they're talking? >> it's a bit good. better to be talking than north. the unfortunate thing are the words they're saying. i don't hear much compromise or kind of conciliation in the statements we've heard thus far. i do hear a lot of theatrics, you go first, no you go first. it's strange to say the democrats haven't put forth any legislation on this, because in fact the
. >>> president obama is arriving right now in washington, d.c., coming back from hawaii, trading his tropical vacation for the hard reality of the fiscal cliff negotiations. the president called all four congressional leaders last night in an effort to reach a deal, but did that call fall on deaf ears? jared bernstein, former chief economist to vip biden, as well as a contributor. i want to start with the new statement from senator mitch mcconnell's office coming out says last night...
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Dec 27, 2012
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. >>> next, president obama won 70% of the latino vote. all right, gop, it's your move. [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. just two aleve can keep pain away all day. with a new project in mind, some how-to knowledge to give us an new years clutter is no match for someone with big ideas. edge, and more savings down every aisle. it only takes a few twists and turns for those bright ideas to make the new year even brighter. more saving. more doing. that's the power of the home depot. start fresh and save with hdx 20 gallon totes, a special buy at just $5.88 a piece. >>> because this is very important. i don't want to get lost in translation. you promised that, and a promise is a promise, and with all due respect you didn't keep that promise. >> president obama said the biggest failure of his first term was the failure to win
. >>> next, president obama won 70% of the latino vote. all right, gop, it's your move. [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. just two aleve can keep pain away all day. with a new project in mind, some how-to knowledge to give us an new years clutter is no match for...
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Dec 27, 2012
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closer to obama's $400,000. >> i think that's about right. sounds about like $400,000. >> which leaves out less than 2% of the people. >> absolutely. >> people say that's an average income. most people make about $40,000 a year. that's average. $40,000 and that's with three or four kids too. >> there's only a couple places in the country somebody would look at $400,000 and think it's extremely wealthy. >> even in washington, d.c. if you make $400,000 for a couple you're rich. >> this weekend the president's been a tough negotiator. as you said with republicans. i think he's been tough. the general reports about one meeting with boehner, quote, at one point according to notes taken by a participant, mr. boehner said i put $800 billion in tax revenue on the table. what do i get for that? you get nothing. i get that for free. august of 2011. you missed your opportunity on that, the president told him. i'm suspicious of the way these quotes are remembered. first of all, i've learned this from reading lots of books. nobody remembers exact quotes.
closer to obama's $400,000. >> i think that's about right. sounds about like $400,000. >> which leaves out less than 2% of the people. >> absolutely. >> people say that's an average income. most people make about $40,000 a year. that's average. $40,000 and that's with three or four kids too. >> there's only a couple places in the country somebody would look at $400,000 and think it's extremely wealthy. >> even in washington, d.c. if you make $400,000 for a...
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Dec 30, 2012
12/12
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right now, we are under 90 minutes away from a loose deadline. president obama placed blame on speaker boehner for putting the country on the edge of this cliff. >> what we have is a situation where these automatic spending cuts go into place. if we have raised revenue by the wealthy paying more, that would be sufficient to turn off what's called the sequester, the automatic spending cuts. that would have a better outlook for the economy long term. so far, congress has not been able to get it done not because they don't want to cooperate, but because it's been hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a bit as part of an overall deficit package. >> i'm told we have new information coming to us from capitol hill, kelly o'donnell. you have been working the phones, e-mails and everything else. is there an update? >> there is. it doesn't look like a promising one. there's been a major setback in negotiations. majority leader harry reid has been telling fellow democr
right now, we are under 90 minutes away from a loose deadline. president obama placed blame on speaker boehner for putting the country on the edge of this cliff. >> what we have is a situation where these automatic spending cuts go into place. if we have raised revenue by the wealthy paying more, that would be sufficient to turn off what's called the sequester, the automatic spending cuts. that would have a better outlook for the economy long term. so far, congress has not been able to...
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Dec 26, 2012
12/12
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what can you tell us about that sfl. >> that's right. according to a senior official, president obama has been kept up to date on the condition of former president bush. he is recovering. he spent christmas in the hospital. doctors kept him there after concern that his fever was increasing. now, the senior administration officials won't confirm who's updating president obama. karen, it's not unusual for a sitting president to be kept in the loop when this type of situation arouss. when a former president is ill. so we are being told he has been kept in the loop. and of course the entire white house watching quite closely and everyone hoping he makes a full recovery soon. doctors have said they are cautiously optimistic. that former president bush will recover. so everyone with the white house sharing that opinion. >> and our prayers are with him as i'm sure the president's are. so kristen, just switching gears here. there's been no action on the fiscal cliff in the last few days. you've got the president coming back. you've got boehner a
what can you tell us about that sfl. >> that's right. according to a senior official, president obama has been kept up to date on the condition of former president bush. he is recovering. he spent christmas in the hospital. doctors kept him there after concern that his fever was increasing. now, the senior administration officials won't confirm who's updating president obama. karen, it's not unusual for a sitting president to be kept in the loop when this type of situation arouss. when a...
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Dec 29, 2012
12/12
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the factor begins right now. >> i'm greg gutfeld in for bill o'reilly. thanks for watching us. our top story tonight, the last ditch effort to avert the fiscal cliff. president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to actually wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action. so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i have asked senator reid to do. this put a bill on the floor that makes sure th
the factor begins right now. >> i'm greg gutfeld in for bill o'reilly. thanks for watching us. our top story tonight, the last ditch effort to avert the fiscal cliff. president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting...
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Dec 31, 2012
12/12
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your screen right there. on the other side of the break we'll continue our discussion about the fiscal cliff and what it means for the markets and we'll look ahead to the president's speech, or at least his comments on later today when we come back. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior,
your screen right there. on the other side of the break we'll continue our discussion about the fiscal cliff and what it means for the markets and we'll look ahead to the president's speech, or at least his comments on later today when we come back. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas...
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Dec 29, 2012
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>> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and made a statement last night, as did mcconnell, that they're going to try and work something out. the best-case scenario is that sometime tomorrow they are able to put it to the senate and then it quos to the house, and then there's a real bill that sounds like a compromise. it's not the grand bargain we were all looking for. it will be some kind of deal to stop going over the cliff. option two is what we're talking about here, that those two can't get a deal and they put something forward and everybody in the senate and subsequently hopefully in the house gets to say yea or no to it. you're on the record. if you go over the cliff, everybody know where is you stood in trying to prevent that from happening. >> do you think the average american, all of us, makes heads or tails -- >> n
>> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and made a statement last night, as did mcconnell, that they're going to try and work something out. the best-case scenario is that sometime tomorrow they are able to put it to the senate and then it quos to the house, and then there's a real bill that sounds like a...
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Dec 27, 2012
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>> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal is. we put revenues on the table. there needs to be some savings. and i believe we can get a deal so let's go. adam: what will the do look like? the president at one point actually upped what he was willing to tax. he wants taxes. originally saying on incomes of 250,000 and up. then he went to 400,000. what kind of compromise do we need from both side to get a deal done so that i don't have to keep boring people with this term fiscal cliff? >> right. to really get the deal done right you need about 4 troll trillion to get us back on track. that means pro-growth tax reform, entitlement reform and better control of savings of the proposals at this point are not at that level. they're more $2.5 trillion range. we're very anxious to see what the president will put forward in terms of savings and reform.
>> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal is. we put revenues on the table. there needs to be some savings. and i believe we can get a deal so let's go. adam: what will the do look like? the president at one point actually upped what he was willing to tax. he wants taxes. originally saying on incomes of...
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Dec 29, 2012
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could go back to 2012, right now, and get the deal president obama offered them a week ago, which only raised about $1.2 trillion in taxes. because here's what i think is going to happen now. if we get a small deal before we go over the fiscal cliff, either because harry reid and mitch mcconnell come to a deal in the senate, or because democrats jam the republicans in congress, it's mostly going to be about extending the bush tax cuts for the middle class, which will mean letting them expire for the rich. that will net somewhere around $600 billion in new tax revenue. the white house will pocket that. they will have got in three quarters of what they wanted last year, before even the negotiations had really kicked off. then we're going to go over the cliff and the pressure will mount quickly to strike another deal. republicans are still going to want entitlement cuts sop the white house will insist that the next deal include a dollar in tax increases for every dollar in spending cuts. so in that next deal, image republicans want $800 billion in spending cuts, a number of they've kicked
could go back to 2012, right now, and get the deal president obama offered them a week ago, which only raised about $1.2 trillion in taxes. because here's what i think is going to happen now. if we get a small deal before we go over the fiscal cliff, either because harry reid and mitch mcconnell come to a deal in the senate, or because democrats jam the republicans in congress, it's mostly going to be about extending the bush tax cuts for the middle class, which will mean letting them expire...
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Dec 29, 2012
12/12
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of course president obama comments on the fiscal cliff at 5:45 eastern. keep it right here on fox business because, do you ever have too much money? ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ male announcer ] a full life measured in seats starts with the right ones early on. car crashes are the number one killer of children 1 through 13. learn how to prevent deaths and injuries by using the right car seat for your child's age and size. adam: that's a live picture of the white house inside the press briefing room. president obama is going to make comments from the pest room 5:45 eastern regarding the fiscal cliff. as soon as he comes into the briefing room and takes to the podium fox business will bring us his statement live right here. >>> but firsts more sabre-rattling coming out of iran. the rogue state launching major military exercises. served in the u.s. navy for 11 years. i would imagine. you were in at some point ever in the persian gulf area? >> i was off of somalia with the uss el paso. i was just inthe region of international commission on religious free
of course president obama comments on the fiscal cliff at 5:45 eastern. keep it right here on fox business because, do you ever have too much money? ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ male announcer ] a full life measured in seats starts with the right ones early on. car crashes are the number one killer of children 1 through 13. learn how to prevent deaths and injuries by using the right car seat for your child's age and size. adam: that's a live picture of the white house inside the press...
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Dec 28, 2012
12/12
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FBC
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of course president obama comments on the fiscal cliff at 5:45 eastern. keep it right here on fox business because, do you ever have too much money? so, , this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. adam: that's a live picture of the white house inside the press briefing room. president obama is going to make comments from the pest room 5:45 eastern regarding the fiscal cliff. as soon as he comes into the briefing room and takes to the podium fox business will bring us his statement live right here. >>> but firsts more sabre-rattling coming out of iran. the rogue state launching major military exercises. served in the u.s. navy for 11 years. i would imagine. you were in at some point ever in the persian gu
of course president obama comments on the fiscal cliff at 5:45 eastern. keep it right here on fox business because, do you ever have too much money? so, , this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us...
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Dec 28, 2012
12/12
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i know the right thinks he hasn't done enough but that is part of the story. >> kimberly: why was she pretending to be a man? >> eric: very strange. >> kimberly: very, very strange. >> eric: we'll dig in to that. gun owner and defend over the second amendment i resent michael moore's racist comments. you won't believe what he said now. coming up. ♪ ♪ okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get priory boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. there is no plan. really? [ male announcer ] the united mileageplus explorer card. the mileage card with speci perks on united. get it and you're in. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ ♪ >> andrea: it is an interesting choice for t
i know the right thinks he hasn't done enough but that is part of the story. >> kimberly: why was she pretending to be a man? >> eric: very strange. >> kimberly: very, very strange. >> eric: we'll dig in to that. gun owner and defend over the second amendment i resent michael moore's racist comments. you won't believe what he said now. coming up. ♪ ♪ okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then,...
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Dec 29, 2012
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the law is seen largely as retaliation for an act signed by president obama that restricts human rights abusers from traveling into the u.s. >>> two military officials tell cnn the syrian government is now using more accurate iranian-made missiles. this week the sources say the regime fired at least two of those short-range ballistic missiles in an attempt to hit syrian targets more accurately. the use of these weapons has prompted nato to send patriot missile systems to protect turkey. they're expected to be in place by the end of january. >>> a 24-year-old woman has been arrested in connection with the gunman who ambushed and killed two firefighters when called to a house fire in upstate new york. police announced today she purchased the rifle and shotgun used in the christmas eve attack. she told the gun shop she would be the true owner but she purchased the guns for aex con -- a convicted felon, who was not allowed to legally possess guns. >> tonight since january there have been more people murdered on the streets of chicago than american soldiers killed in afghanistan. in chicago,
the law is seen largely as retaliation for an act signed by president obama that restricts human rights abusers from traveling into the u.s. >>> two military officials tell cnn the syrian government is now using more accurate iranian-made missiles. this week the sources say the regime fired at least two of those short-range ballistic missiles in an attempt to hit syrian targets more accurately. the use of these weapons has prompted nato to send patriot missile systems to protect...
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Dec 29, 2012
12/12
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i agree with senator toomey, right now unfortunately only president obama is the one man that can sign a bill into law and without him agreeing to sign a bill everybody's taxes go up. we are in a position of how do we limit the damage and i think the best way of doing that is continue to talk about what we need to do is grow the economy and that is something president obama hasn't shown any interest in doing. certainly hasn't concentrated on it in his first term. >> sean: and senator toomey, it is a little frustrating as we watch this frankly reckless irresponsible political positioning going on. this really doesn't deal with the problem and this is really important i think for the american people to know as i said in my opening commentary. this will fund the government if he gets the increase in taxes on the so-called wealthy and small business that funds the government for eight and a half days. america has $16 trillion in debt and we are out of money again. why isn't the president -- why are we really discussing the spending issues would seem to mattery lot more? >> the reason is be
i agree with senator toomey, right now unfortunately only president obama is the one man that can sign a bill into law and without him agreeing to sign a bill everybody's taxes go up. we are in a position of how do we limit the damage and i think the best way of doing that is continue to talk about what we need to do is grow the economy and that is something president obama hasn't shown any interest in doing. certainly hasn't concentrated on it in his first term. >> sean: and senator...
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Dec 29, 2012
12/12
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president obama today, and what i thought was interesting is using the power of the bully pulpit to put pressure on congress to get this basic deal done that he is calling for, and richard, one of the things that he said at the end of the remarks is that essentially this is not how the american people do business and just to remind you that ordinary folks meet their deadlines and sort out disagreements and the fact that the lawmakers can't do it is boggling to many of them. the president really trying to ramp up public pressure, and this is something that we have seen him do in the past, a tactic that he has taken in the past to try to get the public on his side to put the pressure on the house republicans. richard? >> kristen welker, thank you so much for all of your work at the white house. joined by the grio's joy reid and chicago tribute's clarence page. let's talk about what kristen was just talking about, because i felt that the president was getting impatient. roll the tape. >> outside of washington, nobody seems to understand why this is a repeat pattern over and offagain. ordin
president obama today, and what i thought was interesting is using the power of the bully pulpit to put pressure on congress to get this basic deal done that he is calling for, and richard, one of the things that he said at the end of the remarks is that essentially this is not how the american people do business and just to remind you that ordinary folks meet their deadlines and sort out disagreements and the fact that the lawmakers can't do it is boggling to many of them. the president really...
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Jan 1, 2013
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and again, that is something that right after the election and well into december obama said he was going to insist on a permanent end to the debt ceiling. that was going to be part of this deal. he insisted on it. he backed off and indicated through the negotiations that he would be okay with a two-year patch. and now it is not even in there at all. it is very clear we'll have a showdown similar to this in about a month when we hit the debt expiration, except in a month, republicans will -- excuse me, democrats and obama will not have the kind of leverage that the automatic expiration that the bush tax cuts gave them. it is a discouragement that they can be em boldened, how they can move president obama, and the fact he won the election on the fact he would move the taxes, on 250,000 plus. >> i agree with steve on that, those are the two big numbers, going up from 250 to 400, for singles, 450 for couples, i have to say i personally like this deal more than the other, that included social security benefit cuts. that was not included. and i think the white house may have concluded that a,
and again, that is something that right after the election and well into december obama said he was going to insist on a permanent end to the debt ceiling. that was going to be part of this deal. he insisted on it. he backed off and indicated through the negotiations that he would be okay with a two-year patch. and now it is not even in there at all. it is very clear we'll have a showdown similar to this in about a month when we hit the debt expiration, except in a month, republicans will --...
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Dec 30, 2012
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real help, real answers right now. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire economy. but for iediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, they left their work until the last minute. including the 800 billion-dollar fiscal cliff that we have been talking about. a hundred billion dollars it hasn't happened yt. it's not like the deadline comes as a surprise to anybody at a
real help, real answers right now. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire economy. but for iediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are...
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Dec 28, 2012
12/12
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. >> right. the white house calling c.e.o.s, a regularly scheduled meeting. presumably it's a regular scheduled meeting not to say we're going over the fiscal cliff. >> the president won't be doing this but the white house will be. >> that's right. it will be interesting to see if we get response out of this. people in the meeting with the president could come to the microphones. so could c.e.o.s. >> we wanted to let you viewers know we're going to monitor the white house. we have two cameras focused on the white house waiting for the leaders to leave and specifically see if they approach a microphone and camera and let us know what's going on. we'll take that if we get that. thank you, gerri willis. >> you know how he protected other nation's border but wait until you hear how sheriff aarpaio wants to protect our schools. he's here next. blah >>> you're looking live at the white house just outside the white house, senator john kerry, for some reason he's outside the white house. inside, presiden
. >> right. the white house calling c.e.o.s, a regularly scheduled meeting. presumably it's a regular scheduled meeting not to say we're going over the fiscal cliff. >> the president won't be doing this but the white house will be. >> that's right. it will be interesting to see if we get response out of this. people in the meeting with the president could come to the microphones. so could c.e.o.s. >> we wanted to let you viewers know we're going to monitor the white...
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Dec 29, 2012
12/12
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don't see you again, you have a new year. >> you, too. >> all right. we're about 11 minutes past the hour now. >>> you want to see "meet the press" tomorrow. david gregory sitting down exclusively with president obama talking about this fiscal cliff. it will be the president's second appearance on the program as commander in chief. you need to check your local listings. >>> want to turn now to a developing story. crews are searching for survivors of a deadly plane crash in russia. the passenger plane skidded off the runway during a landing at moscow airported to. aircraft broke into pieces, burst into flames. the plane was carrying between 8 and 12 crew members. local reports saying at least four people were killed in that. again a developing story we are keeping an eye on. >>> also another developing story here is weather. a new winter storm system is dumping snow in the northeast. most of the snow is piling up in pennsylvania and new york as we speak. but parts of new england could see the worst of this storm. the weather channel meteorologist mike s
don't see you again, you have a new year. >> you, too. >> all right. we're about 11 minutes past the hour now. >>> you want to see "meet the press" tomorrow. david gregory sitting down exclusively with president obama talking about this fiscal cliff. it will be the president's second appearance on the program as commander in chief. you need to check your local listings. >>> want to turn now to a developing story. crews are searching for survivors of a...
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Dec 28, 2012
12/12
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we can do better, obama is right. but we must understand the institutions that caused the problem and the problems. host: a tweet -- how do we strike a balance? you cannot just have homes. you have to have schools and sewer systems and other infrastructure to support the homes. and still need farmland. guest: more than a third of the country's farmland. we have a billion acres of farmland. we only grow crops on 400 million acres of it. about 40% of all of our farmlands. so there's lots of farmland. there's a huge surplus of farm land. we grow a crop surpluses can export that every year. there's no shortage of farms. " there's a shortage of of, especially in places like california, where 95% of the people are confined to about 5% of the state because of urban growth boundaries, is a shortage of places to build homes. when you drive on in the interstate freeway, you might see a lot of urban sprawl. if you get off the interstate, and we have a tremendous amount of open space and forests and farms in this country, they're
we can do better, obama is right. but we must understand the institutions that caused the problem and the problems. host: a tweet -- how do we strike a balance? you cannot just have homes. you have to have schools and sewer systems and other infrastructure to support the homes. and still need farmland. guest: more than a third of the country's farmland. we have a billion acres of farmland. we only grow crops on 400 million acres of it. about 40% of all of our farmlands. so there's lots of...
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Dec 30, 2012
12/12
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CNNW
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obama wants $250,000 as the threshold, but republicans are pushing for more than $400,000, but it is splitting hairs at a certain point and especially now in the 11th hour or less than 30 hours away from the deadline. so we will see that, and we hope that they are going to put an amt patch in to protect the middle-class in from playing the wealth year for tax year 2012 yet, and we are totally running out of time on that one, and we have a bunch of tax extenders for businesses and individuals and they have expired and will they extend those? and the payroll tax will certainly expire and nobody is talking about that. the first pay xhek in jcheck in will be smaller regardless because of that. >> and you are so good at giving explanations for 99.8% of americans who are not accountants. but the amt patch will affect you for the 2012 income, and not the 2013, so that matters immediately. >> right. in effect, the irs came out last week and said, hey, lawmakers, if you don't do an amt patch by december 31st, we will have to delay 100 million returns which means delays refunds for those folks
obama wants $250,000 as the threshold, but republicans are pushing for more than $400,000, but it is splitting hairs at a certain point and especially now in the 11th hour or less than 30 hours away from the deadline. so we will see that, and we hope that they are going to put an amt patch in to protect the middle-class in from playing the wealth year for tax year 2012 yet, and we are totally running out of time on that one, and we have a bunch of tax extenders for businesses and individuals...
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Dec 27, 2012
12/12
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it slaps sanctions on russian human rights violators. russian president putin and other kremlin leaders have roundly condemned that measure. >> this is without any doubt an unfriendly act towards the russian federation. and the main point here is not about officials that are not allowed to have bank accounts there or whose property will be controlled. >> reporter: but the russian response-- banning u.s. adoptions-- has garnered criticism even inside the country. >> ( translated ): concerning the law itself, of course it disappoints me, because we know a lot of instances when children who have no future here end up in the united states, and get a loving family and a future because the government takes care of them. >> reporter: americans have adopted more than 60,000 russian children in the past two decades. the impending ban means families currently in the adoption process are left in limbo. >> we've already started preparing our home. not remodeling or painting or buying furniture or anything but just preparing the emotional state of ou
it slaps sanctions on russian human rights violators. russian president putin and other kremlin leaders have roundly condemned that measure. >> this is without any doubt an unfriendly act towards the russian federation. and the main point here is not about officials that are not allowed to have bank accounts there or whose property will be controlled. >> reporter: but the russian response-- banning u.s. adoptions-- has garnered criticism even inside the country. >> (...
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Dec 27, 2012
12/12
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why do you think that's lacking so much between john boehner and president obama right now? >> well, again, they got very close in august of 2011 to get ago deal. and i think there's still some elements of that that can be reached. but look, i'm going to tell you, when you have harry reid making the comments that he did this morning and creating a poisoned atmosphere, those are the sort of things that slow down these sort of critical negotiations. i think, yes, the president and speaker boehner can get to an agreement, but they both need help from their respective parties and from their respective coleader, the opposite leaders in terms of making this work. and, again, what harry reid said today was not helpful to this entire process at all. >> speaker boehner, dictator -- >> i was in congress in 1995 and you remember gingrich only came to the table after he was embarrassed, after we went through this business of closing down the government, everybody said this was a terrible thing, you made a mistake. then he came to the table and worked things out with clinton. let's see w
why do you think that's lacking so much between john boehner and president obama right now? >> well, again, they got very close in august of 2011 to get ago deal. and i think there's still some elements of that that can be reached. but look, i'm going to tell you, when you have harry reid making the comments that he did this morning and creating a poisoned atmosphere, those are the sort of things that slow down these sort of critical negotiations. i think, yes, the president and speaker...
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Dec 29, 2012
12/12
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but let's get back to washington, no one's really laughing there right now. president obama says he's modestly optimistic about the prospects for a deal after meeting with top political leaders. and now it's up to the senate to come up with and agree upon a plan. senate majority leader harry reid and mitch mcconnell say they are hoping to have a plan ready for a vote when both houses reconvene on sunday. >>> in michigan, republican governor rick snyder signed a new abortion law for his state. the controversial measure requires any clinic that performs more than 120 abortions a year to become a quote licensed free standing surgical outpatient facility. it also takes steps to ensure pregnant women are not being coerced into a decision and includes rules that a physician must follow to, quote, properly and respectfully dispose of fetal remains. supporters say the bill protects the patients. critics argue it will force clinics to shut down and restrict access for women. >>> a tail of two cities as chicago's homicide rate increases topping 500 murders in the year,
but let's get back to washington, no one's really laughing there right now. president obama says he's modestly optimistic about the prospects for a deal after meeting with top political leaders. and now it's up to the senate to come up with and agree upon a plan. senate majority leader harry reid and mitch mcconnell say they are hoping to have a plan ready for a vote when both houses reconvene on sunday. >>> in michigan, republican governor rick snyder signed a new abortion law for his...
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Dec 29, 2012
12/12
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>> well, that remains to be seen, right? we saw -- we see president obama playing this game where he is not really taking a position and blaming it on the speaker. the republicans of doing the same. at think what needs to happen is delayed another month and not try to stop something to get the last minute, even though they are the reason that it is the last minute. tom: they keep taking things down the road. thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and newcars for bureaucrats. this one is going to drive you nuts. ♪ ♪ tom: the senate just passing the $60 billion hurricane s&p relief bill in the last hour. now heads to the houseor a possible weekend vote. the senate passing is good news for the vi
>> well, that remains to be seen, right? we saw -- we see president obama playing this game where he is not really taking a position and blaming it on the speaker. the republicans of doing the same. at think what needs to happen is delayed another month and not try to stop something to get the last minute, even though they are the reason that it is the last minute. tom: they keep taking things down the road. thank you both very much. >> thank you. tom: coming up, forget the fiscal...
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Dec 31, 2012
12/12
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obama making remarks about the fiscal cliff aired it earlier today. he put much of the blame on shoulders of the republicans if no deal is reached. the gop fired back saying the president should lead right now not cast blame. correspondent s henry is live from the white house. >> he is frustrated going on a talk show today in the middle of the negotiations. he has not been on one of the programs since 2009. he felt it was important to get the message out there. you are right he was pounding the same message again and again f. we go up the fiscal cliff for not meeting them halfway. >>> not because democrats and congre congre congress don't want to go ahead and cooperate but i think it has been hard for speaker boehner and republican mcconnell to accept the fact taxes on wealthiest should go up a little bit sweas well as a deficit reduction package. if they can't say yes to good offers i have an obligation to make sure the entire burden of deficit reduction doesn't fall on seniors who are relying on medicare. >> republicans are expressing frustration sa
obama making remarks about the fiscal cliff aired it earlier today. he put much of the blame on shoulders of the republicans if no deal is reached. the gop fired back saying the president should lead right now not cast blame. correspondent s henry is live from the white house. >> he is frustrated going on a talk show today in the middle of the negotiations. he has not been on one of the programs since 2009. he felt it was important to get the message out there. you are right he was...
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Dec 30, 2012
12/12
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the republican controlled house is taking the step into the right direction. the house has already passed a bill to protect all americans from burdensome tax increases. they passed legislation rick -- replaced damaging spending cuts with responsible targeted ones and to bring our nation's record debt under control. instead of working across the aisle and considering the house passed plan to protect taxpayers, senate democrats spent months going partisan -- drawing partisan lines in the sand. the president's proposal to raise taxes on the top to% of americans will might even play one-third of the annual interest owned on this massive $16 trillion debt. the president's tax hike would only fund the government for eight days. americans deserve to know what does the president propose we do for the other 357 days of the year. inaction should not be an option. the problems facing our country are big with their not necessarily all that complicated. the president will never have more political capital and then he does right now. in debt -- the next few days will begin
the republican controlled house is taking the step into the right direction. the house has already passed a bill to protect all americans from burdensome tax increases. they passed legislation rick -- replaced damaging spending cuts with responsible targeted ones and to bring our nation's record debt under control. instead of working across the aisle and considering the house passed plan to protect taxpayers, senate democrats spent months going partisan -- drawing partisan lines in the sand....
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Dec 31, 2012
12/12
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why is obama caving on taxes? the article reads in part, the erosion signals not only a major substantive problem in its own right but also raises disturbing questions about obama's ability to handle his entire second-term agenda. do republicans sense a little weakness here, an opportunity? could the president's concession hurt his ability later on to negotiate with the gop? >> no. i think he is doing what needs to be done. unfortunately, this president hasn't operated or led this country like keith's former boss, president clinton, who understood the art of negotiation and actually getting there and rolling up his sleeves and having discussions well before everyone's back is against the wall. i can't believe i'm saying it but i am encouraged to see joe bide nen there and talking with mitch mcconnell. it is good to have the negotiations. they need to in her reference it's better to have them as fred as tear and ginger rogers dancing and discussing issues back and forth as opposed to what we have with thelma and lo
why is obama caving on taxes? the article reads in part, the erosion signals not only a major substantive problem in its own right but also raises disturbing questions about obama's ability to handle his entire second-term agenda. do republicans sense a little weakness here, an opportunity? could the president's concession hurt his ability later on to negotiate with the gop? >> no. i think he is doing what needs to be done. unfortunately, this president hasn't operated or led this country...
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Jan 1, 2013
01/13
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. >> all right, mike viqueira, stand by. we're going to kristen welker at the white house. >> i can tell you that president obama called majority leader reid and also pelosi over at the house, and they both agreed with this deal that we have been discussing throughout the night, this deal that would allow tax cuts to expire on those making $400,000 or more and $450,000 or more for couples, as well as extend unemployment insurance benefits. and it would stave off the sequester for two months through a combination of tax cuts -- or tax hikes i should say, those tax hikes that i just mentioned, as well as spending cuts. so those are the broad parameters of the deal. and again, president obama tonight calling harry reid, nancy pelosi to make sure that they both signed off on this deal, which they have. so now we have the vice president who is just arriving at the hill. he is going to sit down with the democratic caucus, sell this deal to the caucus, answer their questions, answer their concerns. but, again, the broad outlines of
. >> all right, mike viqueira, stand by. we're going to kristen welker at the white house. >> i can tell you that president obama called majority leader reid and also pelosi over at the house, and they both agreed with this deal that we have been discussing throughout the night, this deal that would allow tax cuts to expire on those making $400,000 or more and $450,000 or more for couples, as well as extend unemployment insurance benefits. and it would stave off the sequester for...
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Dec 27, 2012
12/12
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he says the obama administration will work to make sure the u.s. does not default on loans right away but the debate will be another drag on the economy. with us, the chief business correspondent for u.s. news and world report, rick newman, and author of rebounders, how winners pivot from setback to success. talk about the debt ceiling for us, first of all, welcome. talk about the debt ceiling and how it affects us. we here horror scenarios about the red -- credit rating. >> one good thing you can say about reaching the debt limit is it's not a surprise. everybody has known this is coming up. the government will continue to function for a couple more months. emergency measures will be used to keep the money flowing, so to speak. this is unrelated to the fiscal cliff, so it's an additional problem that everybody has to deal with. of course the worst thing is we know how horrible it was the last time the debt ceiling needed to be raised in the summer of 2011, it went down to the wire and it looked as if there was a chance the united states would not
he says the obama administration will work to make sure the u.s. does not default on loans right away but the debate will be another drag on the economy. with us, the chief business correspondent for u.s. news and world report, rick newman, and author of rebounders, how winners pivot from setback to success. talk about the debt ceiling for us, first of all, welcome. talk about the debt ceiling and how it affects us. we here horror scenarios about the red -- credit rating. >> one good...
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Dec 27, 2012
12/12
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FBC
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this can be done, but whether or not both sides want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing, i get that for free. in response to put up 800 million in tax revenue changing his entire mind and obama said basically i don't have to respond to this, i will just take it. >> president obama is governing as a negative way with an iron fist. he wants them to respect his perceived election mandate and friendly john boehner was acting in good faith because by allowing tax rate go up on certain segments of the population was compromising principles in hopes of something in return and the president offered nothing in return. gerri: there is a big storm, hundreds of flights have been canceled. it is very possible not everybody will be able to be there. with this disrupts the situation yet again? >> it could. one of my favorite movies is planes, trains and automobiles. why trouble are those in hawaii. it could be a problem. look, i agree wi
this can be done, but whether or not both sides want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing, i get that for free. in response to put up 800 million in tax revenue changing his entire mind and obama said basically i don't have to respond to this, i will just take it. >> president obama is governing as a negative way with an iron fist. he wants them to...